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Where To Invest 200k?


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#41 Dr_PepPeR

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Posted 04 November 2008 - 09:11 AM

by the way, if rtbs are no longer availabe, you may want to look at special deposit accounts that have yields in excess of 6% per annum but with holding periods of less than 5 years.


SDAs have a gross of 6.187% p.a. and are only available in 14 days and 30 days tenor at the moment.

#42 papamo21

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Posted 20 November 2008 - 04:17 PM

SDAs have a gross of 6.187% p.a. and are only available in 14 days and 30 days tenor at the moment.


Sir Quick question.. What exactly is this Special Deposit Accounts (SDA), and where can one be able to invest in SDAs?? Also, u said they are available in 14 days and 30 days? Do u mean one can invest their money in such SDA accounts and can withdraw their money right away in 14 or 30 days?? and the 6.187% p.a., kinda confused.. Can you please explain , sir??

Thanks in advance!

#43 Dr_PepPeR

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Posted 20 November 2008 - 08:49 PM

Sir Quick question.. What exactly is this Special Deposit Accounts (SDA), and where can one be able to invest in SDAs?? Also, u said they are available in 14 days and 30 days? Do u mean one can invest their money in such SDA accounts and can withdraw their money right away in 14 or 30 days?? and the 6.187% p.a., kinda confused.. Can you please explain , sir??

Thanks in advance!


Quoting from my post on the Time Deposit thread:

SDA stands for Special Deposit Account offered by the Bangko Sentral ng Pilipinas to Banks who in turn offer it to their Treasury or Trust clients. The tenors are in 14 days and 30 days only. This facility was intended to siphon off excess liquidity from the market by offering relatively higher rates so as to be attractive to investors. In your case you are probably a branch client that booked you under a trust arrangement with BDO. BDO trust then invested your funds (together with their other trust clients) with the Bangko Sentral's SDA. In fact, the interest rate of the SDA is 6 percent something but you only get 5 percent something because of the withholding tax and trust fees. You can consider it a secure investment because, well, it's a deposit with the Bangko Sentral.


#44 mmp0gi

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Posted 26 November 2008 - 06:23 PM

In the stock market!

#45 kaitaro

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Posted 25 December 2008 - 02:15 AM

anung bank po pwede kumuha ng tbills at kung magkanu kailangan po?

#46 ragstoriches

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Posted 01 January 2009 - 07:28 AM

Second-hand taxicab. Get Toyota Corolla model. Budget it at Php175,000. The remaining Php25,000 is set asisde for working capital. For the non-finance peeps, working capital = pre-operating expense (such as taxi license renewal) + opearting expense budget until the business becomes self-sustaining (meaning, the future operating expense is already shouldered from the revenue of the business).

I did this before, where my investments was a total of Php175,000 and my nominal 4 year net income is Php280,000. Whereas if I put Php175,000 in a 10% earning time deposit, over 4 years, I would have gotten Php255,000.

The key is to get a trusted driver, which I had. Another key is it helps is you know basic engine flow and troubleshooting, which I learned first via workshops. Another is that the taxi license has to be new or at most 1 year old, since license are only for 5 years (but renewable for another 5, so total of 10 years).

One tip in this trade is while the car is still relatively new, in the first year of operation you shoulder the expense of repairs, which is not much since it is still relatively new. After year 1, enter into drive-to-own contract with the driver. This makes him the future owner of the car and all expenses shall be handled by him. Since he will be the future owner, he will take good care of the car, which means the daily boundary he gives to you is almost non-stop.

This business is key to my savings when I was starting. In the morning, my driver drops me off to the office so I save on tranport fee. Then I work at the office then go home. Then around 8pm the car is back to me with the boundary. It's a business that I can get on without leaving work. It's so easy to operate. Especially after your first year and once you have the drive to own contract in place. The only work you need to do is to lift your palm up and receive your daily money.

Of course, the "fringe" benefit here is you can drive the taxi at night for additonal income, where you can drive home ladies after their work in the bars, then you get them as regulars and become friends with them. Just make sure you bring back the gasoline you used at night or else the driver will get mad in the morning.

#47 ragstoriches

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Posted 10 January 2009 - 11:26 AM

to the person who inquire more, im also posting the response here coz im not sure kung na-send ung response sa yo.

1) bro in late 1999 i bought a 1995 nissan sentra second hand cab but it was just 1 year in use as one. hence, i had 4 years left in the 5-year license. the owner had to ditch the taxi because of opportunity abroad.

2. during that time boundary I think was Php550 per day. car leaves 7am and is back at 9pm. a driver makes Php250 to 500 per day that time, depending on the day (malakas monday, friday and saturday).

3. contract to own is Php1450 paid every week, which computes to Php75400 per year for 3 years, giving a total of Php226,200 for years 2,3 and 4th year of operation. Napakagaan nito sa kanya and in fact most contracts are 2 to 2.5 years. but i gave it to him for 3 years para mas lalo gumaan pagbayad nya, sort of tulong ko na rin sa family nya. condition was during first year of contract, the car is parked in my house. on second year of contract (or third year of operation), given that wala syang default, he gets to park the car in his house. everything is in legally binding contract. then each payment, i sign a receipt and give him a copy of his receipt. so a total of 52 receipts per year.

sometimes, pag nasira sasakyan, magrerequest sya to pay on the next week, which is ok lang as long as he makes good. i get to visit him sa house (walking distance lang where I live) to check on the car and see kung sira nga.

so i only had the car for the first 2 years. on year 1, i netted Php60,000 (meaning that is my cash balance at the end of year one labas na pagawa and maintenance). so if i add 226,200 + 60,000, I got a total of Php286,2000 at the end of 4 years. this is the same as saying I earned 22% return on investment.

here's what I could suggest further : limit the contract to 2.5 years, which is the standard. that means tataas ung weekly payment to compensate for the shortened time span.

also, if 2.5 years ang contract, start with letting him park the car in his home after 1.5 year of good payment in the contract, and not after 1 year like I did. added safety na rin sa yo. IMPORTANT to get a driver na malapit lang sa yo haybols at kilalanin pamilya. ung hindi pwede i-carnap sasakyan mo.

good luck.

#48 skicker

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Posted 10 January 2009 - 12:51 PM

to the person who inquire more, im also posting the response here coz im not sure kung na-send ung response sa yo.

1) bro in late 1999 i bought a 1995 nissan sentra second hand cab but it was just 1 year in use as one. hence, i had 4 years left in the 5-year license. the owner had to ditch the taxi because of opportunity abroad.

2. during that time boundary I think was Php550 per day. car leaves 7am and is back at 9pm. a driver makes Php250 to 500 per day that time, depending on the day (malakas monday, friday and saturday).

3. contract to own is Php1450 paid every week, which computes to Php75400 per year for 3 years, giving a total of Php226,200 for years 2,3 and 4th year of operation. Napakagaan nito sa kanya and in fact most contracts are 2 to 2.5 years. but i gave it to him for 3 years para mas lalo gumaan pagbayad nya, sort of tulong ko na rin sa family nya. condition was during first year of contract, the car is parked in my house. on second year of contract (or third year of operation), given that wala syang default, he gets to park the car in his house. everything is in legally binding contract. then each payment, i sign a receipt and give him a copy of his receipt. so a total of 52 receipts per year.

sometimes, pag nasira sasakyan, magrerequest sya to pay on the next week, which is ok lang as long as he makes good. i get to visit him sa house (walking distance lang where I live) to check on the car and see kung sira nga.

so i only had the car for the first 2 years. on year 1, i netted Php60,000 (meaning that is my cash balance at the end of year one labas na pagawa and maintenance). so if i add 226,200 + 60,000, I got a total of Php286,2000 at the end of 4 years. this is the same as saying I earned 22% return on investment.

here's what I could suggest further : limit the contract to 2.5 years, which is the standard. that means tataas ung weekly payment to compensate for the shortened time span.

also, if 2.5 years ang contract, start with letting him park the car in his home after 1.5 year of good payment in the contract, and not after 1 year like I did. added safety na rin sa yo. IMPORTANT to get a driver na malapit lang sa yo haybols at kilalanin pamilya. ung hindi pwede i-carnap sasakyan mo.

good luck.



There is no way I would have figured this out...Brother ragstoriches you are one hell of a math wizard...you make sensible and intelligent posts..kaya I read your posts marami akong natututunan..keep it up bro...ano maaadvice mo sa mga taga province kung gustong magkaroon ng residual income(I am here in cabanatuan city and a retired sailor)

#49 ragstoriches

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Posted 16 January 2009 - 12:12 PM

^ bro skicker thanks for the kind remarks although im no math wizard lol. i am just the most regular guy around that you can find. nagsisikap lang makaahon ng konti :).

i love cabanatuan city. 3hrs from Metro Manila. dami tricycle haha. it's the educational hub of Central Luzon.

residual income ba as in you want to invest some of your savings in order to generate income from it?
tingin ko sa Cabanatuan ok mag-tayo business catering to schools/students, be it internet shop, canteen, school bus/jeep, xerox, rentals, school supplies, etc. ok rin agriculture and farming, especially malakas ang R&D support dyan, with Munoz City very close. maganda sa atin is maraming learning resources for all types of business, example TLRC. Also AIM library has lots of theses/feasibility studies of almost any business. they have this computer software where you just type in your business interests and it will provide you the location in the library where you can find them. tapos, xerox na!

#50 FPJ_45

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Posted 12 April 2009 - 01:40 PM

200k it's about $5k.. invest it on online currency trading ... you can earn $400. dollars minimum a month .. ask me how ... pm me

#51 reskie22

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Posted 22 April 2009 - 12:25 PM

this thread is interesting but i dont have the P200k cash yet...

#52 casanovadgreat

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Posted 22 April 2009 - 03:18 PM

nice thread! given this financial crisis, its risky if we invest through banks. At this time tbills are one of the most secured investment, also currency trading would be an advantage given that the dollar rate is expected to rise this year. Invest well, its hard to earn money nowadays.

#53 juan t

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Posted 28 April 2009 - 10:50 PM

200k it's about $5k.. invest it on online currency trading ... you can earn $400. dollars minimum a month .. ask me how ... pm me



post mo nalang kaya dito para malaman ng lahat.

#54 steven_crimes

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Posted 28 April 2009 - 11:10 PM

hey.... SDA's!! cool! how much is a minimum for an SDA? i'll call BPI tomorrow!

#55 Dr_PepPeR

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Posted 23 May 2009 - 12:04 AM

hey.... SDA's!! cool! how much is a minimum for an SDA? i'll call BPI tomorrow!


It depends on which bank you talk to. I heard BDO can accept an SDA placement for P100K but most banks will ask for a minimum of P1MM.

#56 floppydrive

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Posted 23 May 2009 - 07:23 AM

hey.... SDA's!! cool! how much is a minimum for an SDA? i'll call BPI tomorrow!



It depends on which bank you talk to. I heard BDO can accept an SDA placement for P100K but most banks will ask for a minimum of P1MM.

BPI has a minimum of 100K for SDA. Upon renewal, thay can reinvest the principal plus the interest rounded down to the closest hundred pesos. Balance of interest shall be credited to your settlement account.
Example: you place 100k. After 30 days, it earns P123. They can automatically renew it with the new principal at P100,100. The P23 goes to your settlement account

Down side now is that the SDA interest rate has been going down, but it will still net higher earnings than time deposit.

#57 Dr_PepPeR

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Posted 23 May 2009 - 07:52 AM

BPI has a minimum of 100K for SDA. Upon renewal, thay can reinvest the principal plus the interest rounded down to the closest hundred pesos. Balance of interest shall be credited to your settlement account.
Example: you place 100k. After 30 days, it earns P123. They can automatically renew it with the new principal at P100,100. The P23 goes to your settlement account

Down side now is that the SDA interest rate has been going down, but it will still net higher earnings than time deposit.


Signs of the times, even BPI is now going after the retail market. In the meantime, BDO finds ways... to irritate you.

#58 Guest_lustfortravel_*

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Posted 29 May 2009 - 09:44 PM

Signs of the times, even BPI is now going after the retail market. In the meantime, BDO finds ways... to irritate you.


:lol: I agree, Dr. Pepper. Don't you just love their interesting ways of finding ways to charge you for dealing with them ? :lol:

Edited by lustfortravel, 29 May 2009 - 09:45 PM.


#59 Dr_PepPeR

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Posted 30 May 2009 - 12:28 AM

:lol: I agree, Dr. Pepper. Don't you just love their interesting ways of finding ways to charge you for dealing with them ? :lol:


I do madam, but what I don't find funny is even staid old Metrobank is now doing the same thing, charging you through the nose for transactions mere mortals like me with small accounts are wont to do.

#60 Guest_lustfortravel_*

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Posted 30 May 2009 - 08:51 AM

I do madam, but what I don't find funny is even staid old Metrobank is now doing the same thing, charging you through the nose for transactions mere mortals like me with small accounts are wont to do.


As you said earlier, sign of the times indeed. It's a good thing BPI hasn't joined the bandwagon- you can deposit/withdraw at any branch of account and you don't get charged.




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